Pioneer Oil & Gas reported earnings results for the first quarter ended December 31, 2012. Revenues for the period was $192,644 as compared to $334,906 for the first fiscal quarter of 2012. The company reported a net loss of $189,232 or $0.03 per share for the quarter as compared to net loss of $141,876 or $0.02 per share for the first quarter of fiscal 2012.